{"id":381035,"date":"2020-11-13T14:03:02","date_gmt":"2020-11-13T19:03:02","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=381035"},"modified":"2020-11-13T14:03:02","modified_gmt":"2020-11-13T19:03:02","slug":"wells-fargo-company-declares-cash-dividends-on-preferred-stock","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/wells-fargo-company-declares-cash-dividends-on-preferred-stock\/","title":{"rendered":"Wells Fargo &amp; Company Declares Cash Dividends on Preferred Stock"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>Wells Fargo &amp; Company Declares Cash Dividends on Preferred Stock<\/b><\/p>\n<p>SAN FRANCISCO&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nWells Fargo &amp; Company (NYSE: WFC) today announced dividends on 13 series of preferred stock.\n<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20201113005593\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201113005593\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201113005593\/en\/838621\/4\/CF_3.jpg\" alt=\"Financial documents (Photo: Wells Fargo).\" \/><\/p>\n<p style=\"font-size:85%\">Financial documents (Photo: Wells Fargo).<\/p>\n<\/div>\n<p>\nA quarterly cash dividend of $18.75 per share was declared on its 7.50% noncumulative perpetual convertible class A preferred stock, Series L, liquidation preference $1,000 per share, which is traded on the New York Stock Exchange under the symbol \u201cWFCPrL\u201d. The Series L dividend is payable on Dec. 15, 2020, to holders of record as of the close of business on Nov. 30, 2020.\n<\/p>\n<p>\nA quarterly cash dividend of $325.00 per share was declared on its 5.20% noncumulative perpetual class A preferred stock, Series N, liquidation preference $25,000 per share. This dividend equals $0.325 per depositary share, each representing a 1\/1,000 interest in a share of Series N preferred stock, which is traded on the New York Stock Exchange under the symbol \u201cWFCPrN\u201d. The Series N dividend is payable on Dec. 15, 2020, to holders of record as of the close of business on Nov. 30, 2020.\n<\/p>\n<p>\nA quarterly cash dividend of $320.31 per share was declared on its 5.125% noncumulative perpetual class A preferred stock, Series O, liquidation preference $25,000 per share. This dividend equals $0.32031 per depositary share, each representing a 1\/1,000 interest in a share of Series O preferred stock, which is traded on the New York Stock Exchange under the symbol \u201cWFCPrO\u201d. The Series O dividend is payable on Dec. 15, 2020, to holders of record as of the close of business on Nov. 30, 2020.\n<\/p>\n<p>\nA quarterly cash dividend of $328.13 per share was declared on its 5.25% noncumulative perpetual class A preferred stock, Series P, liquidation preference $25,000 per share. This dividend equals $0.32813 per depositary share, each representing a 1\/1,000 interest in a share of Series P preferred stock, which is traded on the New York Stock Exchange under the symbol \u201cWFCPrP\u201d. The Series P dividend is payable on Dec. 15, 2020, to holders of record as of the close of business on Nov. 30, 2020.\n<\/p>\n<p>\nA quarterly cash dividend of $365.63 per share was declared on its 5.85% fixed-to-floating, noncumulative perpetual class A preferred stock, Series Q, liquidation preference $25,000 per share. This dividend equals $0.36563 per depositary share, each representing a 1\/1,000 interest in a share of Series Q preferred stock, which is traded on the New York Stock Exchange under the symbol \u201cWFCPrQ\u201d. The Series Q dividend is payable on Dec. 15, 2020, to holders of record as of the close of business on Nov. 30, 2020.\n<\/p>\n<p>\nA quarterly cash dividend of $414.06 per share was declared on its 6.625% fixed-to-floating, noncumulative perpetual class A preferred stock, Series R, liquidation preference $25,000 per share. This dividend equals $0.41406 per depositary share, each representing a 1\/1,000 interest in a share of Series R preferred stock, which is traded on the New York Stock Exchange under the symbol \u201cWFCPrR\u201d. The Series R dividend is payable on Dec. 15, 2020, to holders of record as of the close of business on Nov. 30, 2020.\n<\/p>\n<p>\nA quarterly cash dividend of $375.00 per share was declared on its 6.00% noncumulative perpetual class A preferred stock, Series T, liquidation preference $25,000 per share. This dividend equals $0.375 per depositary share, each representing a 1\/1,000 interest in a share of Series T preferred stock, which is traded on the New York Stock Exchange under the symbol \u201cWFCPrT\u201d. The Series T dividend is payable on Dec. 15, 2020, to holders of record as of the close of business on Nov. 30, 2020.\n<\/p>\n<p>\nA quarterly cash dividend of $375.00 per share was declared on its 6.00% noncumulative perpetual class A preferred stock, Series V, liquidation preference $25,000 per share. This dividend equals $0.375 per depositary share, each representing a 1\/1,000 interest in a share of Series V preferred stock, which is traded on the New York Stock Exchange under the symbol \u201cWFCPrV\u201d. The Series V dividend is payable on Dec. 15, 2020, to holders of record as of the close of business on Nov. 30, 2020.\n<\/p>\n<p>\nA quarterly cash dividend of $356.25 per share was declared on its 5.70% noncumulative perpetual class A preferred stock, Series W, liquidation preference $25,000 per share. This dividend equals $0.35625 per depositary share, each representing a 1\/1,000 interest in a share of Series W preferred stock, which is traded on the New York Stock Exchange under the symbol \u201cWFCPrW\u201d. The Series W dividend is payable on Dec. 15, 2020, to holders of record as of the close of business on Nov. 30, 2020.\n<\/p>\n<p>\nA quarterly cash dividend of $343.75 per share was declared on its 5.50% noncumulative perpetual class A preferred stock, Series X, liquidation preference $25,000 per share. This dividend equals $0.34375 per depositary share, each representing a 1\/1,000 interest in a share of Series X preferred stock, which is traded on the New York Stock Exchange under the symbol \u201cWFCPrX\u201d. The Series X dividend is payable on Dec. 15, 2020, to holders of record as of the close of business on Nov. 30, 2020.\n<\/p>\n<p>\nA quarterly cash dividend of $351.56 per share was declared on its 5.625% noncumulative perpetual class A preferred stock, Series Y, liquidation preference $25,000 per share. This dividend equals $0.35156 per depositary share, each representing a 1\/1,000 interest in a share of Series Y preferred stock, which is traded on the New York Stock Exchange under the symbol \u201cWFCPrY\u201d. The Series Y dividend is payable on Dec. 15, 2020, to holders of record as of the close of business on Nov. 30, 2020.\n<\/p>\n<p>\nA quarterly cash dividend of $296.88 per share was declared on its 4.75% noncumulative perpetual class A preferred stock, Series Z, liquidation preference $25,000 per share. This dividend equals $0.29688 per depositary share, each representing a 1\/1,000 interest in a share of Series Z preferred stock, which is traded on the New York Stock Exchange under the symbol \u201cWFCPrZ\u201d. The Series Z dividend is payable on Dec. 15, 2020, to holders of record as of the close of business on Nov. 30, 2020.\n<\/p>\n<p>\nA quarterly cash dividend of $153.40 per share was declared on its 4.70% noncumulative perpetual class A preferred stock, Series AA, liquidation preference $25,000 per share. This dividend equals $0.15340 per depositary share, each representing a 1\/1,000 interest in a share of Series AA preferred stock, which is traded on the New York Stock Exchange under the symbol \u201cWFCPrA\u201d. The Series AA dividend is payable on Dec. 15, 2020, to holders of record as of the close of business on Nov. 30, 2020.\n<\/p>\n<p><b>About Wells Fargo<\/b><\/p>\n<p>\nWells Fargo &amp; Company (NYSE: WFC) is a diversified, community-based financial services company with $1.92 trillion in assets. Wells Fargo\u2019s vision is to satisfy our customers\u2019 financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment, and mortgage products and services, as well as consumer and commercial finance, through 7,200 locations, more than 13,000 ATMs, the internet (wellsfargo.com), and mobile banking, and has offices in 31 countries and territories to support customers who conduct business in the global economy. Wells Fargo serves one in three households in the United States. Wells Fargo &amp; Company was ranked No. 30 on Fortune\u2019s 2020 rankings of America\u2019s largest corporations.\n<\/p>\n<p>\nNews Release Category: WF-CF\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201113005593r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201113005593\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201113005593\/en\/<\/a><\/span><\/p>\n<p><b>Media<br \/>\n<\/b><br \/>Ancel Martinez, 415-222-3858<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:ancel.martinez@wellsfargo.com\">ancel.martinez@wellsfargo.com<\/a><\/p>\n<p><b>Investor Relations<br \/>\n<\/b><br \/>John Campbell, 415-396-0523<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:john.m.campbell@wellsfargo.com\">john.m.campbell@wellsfargo.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Canada California<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Banking Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201113005593\/en\/838621\/3\/CF_3.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Financial documents (Photo: Wells Fargo).<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Wells Fargo &amp; Company Declares Cash Dividends on Preferred Stock SAN FRANCISCO&#8211;(BUSINESS WIRE)&#8211; Wells Fargo &amp; Company (NYSE: WFC) today announced dividends on 13 series of preferred stock. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20201113005593\/en\/ Financial documents (Photo: Wells Fargo). A quarterly cash dividend of $18.75 per share was declared on its 7.50% noncumulative perpetual convertible class A preferred stock, Series L, liquidation preference $1,000 per share, which is traded on the New York Stock Exchange under the symbol \u201cWFCPrL\u201d. The Series L dividend is payable on Dec. 15, 2020, to holders of record as of the close of business on Nov. 30, 2020. A quarterly cash dividend of $325.00 per share was declared on its &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/wells-fargo-company-declares-cash-dividends-on-preferred-stock\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Wells Fargo &amp; Company Declares Cash Dividends on Preferred Stock&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-381035","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Wells Fargo &amp; Company Declares Cash Dividends on Preferred Stock - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/wells-fargo-company-declares-cash-dividends-on-preferred-stock\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wells Fargo &amp; Company Declares Cash Dividends on Preferred Stock - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Wells Fargo &amp; Company Declares Cash Dividends on Preferred Stock SAN FRANCISCO&#8211;(BUSINESS WIRE)&#8211; Wells Fargo &amp; Company (NYSE: WFC) today announced dividends on 13 series of preferred stock. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20201113005593\/en\/ Financial documents (Photo: Wells Fargo). A quarterly cash dividend of $18.75 per share was declared on its 7.50% noncumulative perpetual convertible class A preferred stock, Series L, liquidation preference $1,000 per share, which is traded on the New York Stock Exchange under the symbol \u201cWFCPrL\u201d. The Series L dividend is payable on Dec. 15, 2020, to holders of record as of the close of business on Nov. 30, 2020. 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This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20201113005593\/en\/ Financial documents (Photo: Wells Fargo). A quarterly cash dividend of $18.75 per share was declared on its 7.50% noncumulative perpetual convertible class A preferred stock, Series L, liquidation preference $1,000 per share, which is traded on the New York Stock Exchange under the symbol \u201cWFCPrL\u201d. The Series L dividend is payable on Dec. 15, 2020, to holders of record as of the close of business on Nov. 30, 2020. 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